20015 Is DC’s Least Affordable Zip Code

Posted by Mark Washburn on Monday, April 21st, 2014 at 6:47am.



A new map by Zillow was released last week to much fanfare across DC, calculating housing affordability based on a monthly payment of $2,000, or 18 percent of a buyer’s monthly income, assuming a $500,000 home purchase price.  The color-coded map from dark red to dark green revealed the 20015 zip code as the least affordable, which includes the pricey DC neighborhoods of Chevy Chase DC and Friendship Heights.  After 20015, the 20003 zip code for the Capitol Hill neighborhood comes in 2nd, and the 20007 zip code for the neighborhoods in Georgetown, Glover Park, Foxhall, and Massachusetts Avenue Heights comes in at #3.  Longtime DC residents would not be surprised by these findings.

The map reveals DC’s eastern neighborhoods (NE) as most affordable and the western neighborhoods (NW) as least affordable.  At Zillow, affordability is measured by how much of a person’s monthly income is spent on a mortgage payment.  With a combination of rising home prices and mortgage rates, the median household in DC spends 22% of their income to afford the mortgage payments on the median home.

In 2013, the median household income was $91,689 in DC.  The typical DC homebuyer spent $1,357 each month on mortgage payments for homes, not condos, assuming a 20% down payment on a median home valued at $343,600 on a 30-year fixed mortgage with a 4.3% interest rate.

20015 Real Estate For Sale:

25 Properties Found. Page 1 of 3

Ninety Years After It Was Built In One Of Washi...

NEW Photo of Listing #DCDC440880

$11,750,000 Active

  • 5 Beds
  • Baths
  • 1.06 Acres
  • 11,434 ft²

Residential

5320 27th St Nw, Washington, DC

MLS® #DCDC440880

Ninety Years After It Was Built In One Of Washington's Finest Neighborhoods At The Edge Of Rock Creek Park, This Grand Old Estate Has Only Improved With Age, Thanks To Georgetown Architect George Stavropoulos' Thorough, 21st-century Renovation And Expansion...

One Of Two New Homes Built By Master Builder Mc...

Photo of Listing #DCDC440316

$2,495,000 Active

  • 6 Beds
  • Baths
  • 0.18 Acres
  • 6,751 ft²

Residential

7080 Oregon Ave Nw, Washington, DC

MLS® #DCDC440316

One Of Two New Homes Built By Master Builder Mccullough Residential Llc With Commanding Views Of Rock Creek Park These Homes Are Gorgeous Inside And Out. This Home Has Over 6700 Sq Ft Of Conditioned Space On 4 Finished Levels. 6 Br, 6 .5 Baths You Will Be A...

Stunning Residence With A Historic Fa~ade And C...

NEW Photo of Listing #DCDC442602

$2,490,000 Active

  • 5 Beds
  • Baths
  • 0.15 Acres
  • 5,010 ft²

Residential

3940 Mckinley St Nw, Washington, DC

MLS® #DCDC442602

Stunning Residence With A Historic Fa~ade And Completely Renovated And Expanded Interior. Completed In 2018 By Zuckerman Builders, This Impressive Residence Features An Open Floor Plan With Over 5,000 Square Feet Of Living Space. There Is A Beautiful Formal...

Extraordinary New Home Overlooking Rock Creek P...

Photo of Listing #DCDC440746

$2,450,000 Active

  • 6 Beds
  • Baths
  • 0.18 Acres
  • 6,737 ft²

Residential

7076 Oregon Nw, Washington, DC

MLS® #DCDC440746

Extraordinary New Home Overlooking Rock Creek Park Built By Mccullough Residential Llc And One Of Two Homes Now Completed And Ready For Their New Owners. This Home Has Over 6700 Sq Ft Of Exquisite Living Space On 4 Levels. Gorgeous Entry Foyer With Herrin...

New Construction Developed By Alex Boyar Of Ab ...

REDUCED 5% Photo of Listing #DCDC422992

$2,095,000 Active

  • 6 Beds
  • Baths
  • 0.11 Acres
  • 5,801 ft²

Residential

2939 Stephenson Pl Nw, Washington, DC

MLS® #DCDC422992

New Construction Developed By Alex Boyar Of Ab Urban -- All The Style And Character Of 1920~s Chevy Chase Perfectly Paired With Modern Design. True 10 Foot Ceilings On The First Floor, Oversized Windows And A South Western Exposure Are A Formula For An Int...

Spectacular 2300+ Sq Ft Duplex Penthouse Exquis...

Photo of Listing #1001411500

$1,999,000 Active

  • 4 Beds
  • 4 Baths
  • 2,300 ft²

Residential

4301 Military Rd Nw #ph8, Washington, DC

MLS® #1001411500

Spectacular 2300+ Sq Ft Duplex Penthouse Exquisitely Re-designed & Renovated. 4 Bdrm + Den, 4 Full Bath - 2 Levels, 250+ Sq Ft Rooftop Terrace Overlooking Va Skyline. Top End Chefs Kitchen, Designer Marble Flrs, Divine Master Suite, Upper Lvl Family Rm W/ E...

Spectacular Sun Drenched Two Level Penthouse Un...

Photo of Listing #DCDC441134

$1,975,000 Active

  • 2 Beds
  • Baths
  • 0.02 Acres
  • 2,192 ft²

Residential

4301 Military Rd Nw #ph2, Washington, DC

MLS® #DCDC441134

Spectacular Sun Drenched Two Level Penthouse Unit In Luxury Chevy Chase Residence. The 2 Bedroom 2.5 Bath Condominium Is Beautifully Appointed With Floor To Ceiling Windows Offering Sweeping Views From The Great Room, Exotic Wood Floors, Gourmet Kitchen W...

A Premier Rebuild By Hdbuilds With The Most Dis...

REDUCED 3% Photo of Listing #DCDC435868

$1,945,000 Active

  • 5 Beds
  • Baths
  • 0.17 Acres
  • 4,962 ft²

Residential

7014 31st St Nw, Washington, DC

MLS® #DCDC435868

A Premier Rebuild By Hdbuilds With The Most Discriminating Buyer In Mind. 5 Bedrooms, 4.5 Baths And Nearly 5,000 Sq-ft Of Living Space On 3-levels And On A 7,600 Sq-ft Lot. Contemporary, Spacious Living With 10 Ft Ceilings On Main And Upper Levels, 8 Ft D...

Superb, Head-to-toe Renovation And Expansion, W...

Photo of Listing #DCDC440892

$1,799,000 Active

  • 5 Beds
  • Baths
  • 0.12 Acres
  • 2,851 ft²

Residential

3803 Ingomar St Nw, Washington, DC

MLS® #DCDC440892

Superb, Head-to-toe Renovation And Expansion, With An Open Concept Floor Plan, Perfect For Contemporary Living. All New Systems And Luxurious Finishes Throughout Provide 3,795 Finished Square Feet Of Living Space! Five Bedrooms, 4.5 Baths, Gorgeous Gourmet ...

Chevy Chase Charmer Within A White Picket Fence...

Photo of Listing #DCDC419764

$1,749,000 Active

  • 6 Beds
  • 4 Baths
  • 0.14 Acres
  • 4,776 ft²

Residential

3140 Aberfoyle Pl Nw, Washington, DC

MLS® #DCDC419764

Chevy Chase Charmer Within A White Picket Fence! Don't Miss This Opportunity To See Many New Improvements In Over 5,000 Sf. Kitchen And Master Bath Renovation In 2017. Rarely Found 5 Bedrooms Plus Up, 3.55 Baths With Large Open Floor Plan. Newly Painted W/n...

Welcome Home To Understated Elegance In A Desir...

Photo of Listing #DCDC438996

$1,565,000 Active

  • 6 Beds
  • Baths
  • 0.23 Acres
  • 4,214 ft²

Residential

5901 Nebraska Ave Nw, Washington, DC

MLS® #DCDC438996

Welcome Home To Understated Elegance In A Desirable Sun-drenched Home Fully Renovated, Expanded For Entertaining Inside And Out. Sited On A Rare 10,098 Square Foot Corner Lot In The Heart Of Chevy Chase, Dc, Just Steps From The Nation's Rock Creek Park. St...

Oh Sunday 9/15 From 2-4pm. Welcome To This Ench...

Photo of Listing #DCDC439976

$1,460,000 Active

  • 4 Beds
  • Baths
  • 0.11 Acres
  • 2,210 ft²

Residential

5710 Broad Branch Rd Nw, Washington, DC

MLS® #DCDC439976

Oh Sunday 9/15 From 2-4pm. Welcome To This Enchanting, Re-imagined Sears Bungalow, Completely Rebuilt To Offer The Best In Modern Design And Finishes While Retaining Many Original Architectural Details. The Sun-filled First Level Features Has An Open Kitche...

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